--%>

Minimum wage law for poor workers

A minimum wage law does NOT make pressures which tend to: (1) benefit high wage workers. (2) cause unemployment among unskilled workers. (3) uniformly help poor workers. (4) increase teenage unemployment. (5) foster discrimination.

How can I solve my Economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Effects of price controls for a price

    The consequences of price controls would be least discernible for a price ceiling set: (1) above the price equilibrium. (2) below the price equilibrium. (3) in a region of diminishing returns. (4) unfavorable to market companies. (5)

  • Q : Problem on Determinants of Demand I

    I have a problem in economics on Determinants of Demand. Please help me in the following question. Income and tastes most directly influence the: (i) Demand. (ii) Market equilibrium (iii) Prices. (iii) Quantities. (iv) Supply.

    Q : Production utilizing knowledge or

    I have a problem in economics on Production utilizing knowledge or technology. Please help me in the following question. Production necessitates utilizing knowledge or technology to apply energy to rise the: (i) Amount of resources accessible. (ii) In

  • Q : Economy affects in government spending

    How do economy affects when there is reductions in government spending?

  • Q : Problem on fast food chains market

    Normal 0 false false

  • Q : Change of demand If demand for good

    If demand for good falls due to increase in its own price. Then what is the change in demand termed? Answer: Contraction of demand

  • Q : Problem on Long-Run Adjustments Since

    Since longer time intervals are considered, the quantities demanded for most goods become __________ to any modification in price. (1) Directly related. (2) Less responsive. (3) Less enamored. (4) Indifferent. (5) More responsive.Find out the right answer from t

  • Q : Kinked demand curve of an oligopoly

    The kinked demand curve of an oligopoly model supposes: (w) price increases will be followed. (x) price increases will be matched. (y) price declines will be matched. (z) any price changes will be matched.

    Q : Equilibrium price in the short run The

    The equilibrium price for Christmas trees in the short run is: (w) P1. (x) P2. (y) P3. (z) P4.

    Q : Signals between buyers and sellers In

    In the competitive market economy, most of the prices: (i) Make sure high incomes for the bureaucrats. (ii) Free resources and ration free goods. (iii) Act as a signal among sellers and buyers. (iv) Are set by the govt.

    Discover Q & A

    Leading Solution Library
    Avail More Than 1416385 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1939086
    Asked

    3,689

    Active Tutors

    1416385

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.